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Assistant Underwriter Jobs in Silver Spring, MD (NOW HIRING)

Diedre Moire Corp.

Insurance Underwriter

Darnestown, MD · On-site

$100K - $300K/yr

Public Entity - Municipalities Insurance Underwriter - Germantown, MD Public Entities Insurance Underwriter Specialty Program Excess Surplus Commercial Lines Program Underwriter _ . REMOTE WORK FROM ...

Allianz

Senior Commercial Underwriter

Baltimore, MD · On-site

$85K - $105K/yr

The Senior Commercial Underwriter within the CUW Center of Excellence operates in a regional, transversal capacity, enabling and elevating the underwriting capabilities of distribution teams across ...

Manulife

Senior Underwriting Consultant

Washington, DC · Remote

$111K - $131K/yr

In addition to those performed by Underwriter Consultants - identify and provide solutions to work ... Review underwriting fraud referrals for appropriateness and assist management with book of business ...

PGIM

PGIM Real Estate -Agency Underwriter

Arlington, VA · Hybrid

$135K - $145K/yr

As a member of the multifamily underwriting team, this role plays a critical part in managing loan transactions from initial screening through final approval. You'll work closely with clients, Agency ...

New

PGIM

PGIM Real Estate -Agency Underwriter

Arlington, VA · On-site

$135K - $145K/yr

As a member of the multifamily underwriting team, this role plays a critical part in managing loan transactions from initial screening through final approval. You'll work closely with clients, Agency ...

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All JobsUnderwriter JobsAssistant Underwriter JobsAssistant Underwriter Jobs in Silver Spring, MD

Assistant Underwriter information

See Silver Spring, MD salary details

$13

$23

$34

How much do assistant underwriter jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for assistant underwriter in Silver Spring, MD is $23.52, according to ZipRecruiter salary data. Most workers in this role earn between $19.38 and $26.59 per hour, depending on experience, location, and employer.

What is an assistant underwriter?

Assistant Underwriters are professionals who support underwriters in evaluating insurance applications, assessing risk, and determining appropriate coverage and premiums. They gather and review relevant information, process paperwork, and communicate with clients, agents, and other stakeholders. Assistant Underwriters play a crucial role in ensuring the underwriting process runs smoothly and efficiently, often serving as a bridge between clients and senior underwriters. Their responsibilities may also include data entry, preparing reports, and maintaining accurate records. This entry-level position offers valuable experience for those interested in advancing within the insurance industry.

What are the key skills and qualifications needed to thrive as an assistant underwriter, and why are they important?

To thrive as an Assistant Underwriter, you need strong analytical skills, attention to detail, and a foundational understanding of insurance principles, often supported by a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, risk assessment tools, and sometimes certifications such as the Chartered Property Casualty Underwriter (CPCU) designation are valuable. Excellent organizational skills, communication abilities, and teamwork make candidates stand out in supporting underwriters and interacting with clients. These competencies are crucial for accurately assessing risk, ensuring compliance, and contributing to efficient underwriting processes.

What are some common challenges assistant underwriters face when supporting the underwriting process?

Assistant Underwriters often manage multiple tasks simultaneously, such as gathering client information, analyzing risk factors, and ensuring documentation accuracy. One common challenge is balancing administrative duties with the need to develop a strong understanding of underwriting guidelines and risk assessment criteria. Additionally, Assistant Underwriters must effectively communicate with brokers, agents, and senior underwriters to clarify requirements and resolve discrepancies. Adapting to evolving industry regulations and technology platforms is also essential for success in this role.

What is the difference between Assistant Underwriter vs Underwriter?

AspectAssistant UnderwriterUnderwriter
CredentialsTypically requires a bachelor's degree, sometimes an insurance certificationSame as Assistant Underwriter, often with additional experience or certifications
Work EnvironmentSupports senior underwriters, reviews applications, gathers dataEvaluates risks, makes final approval decisions
Industry UsageCommon entry-level or support role in insurance companiesMid-level or senior role responsible for risk assessment

The main difference between an Assistant Underwriter and an Underwriter lies in responsibility and decision-making authority. Assistant Underwriters support underwriters by preparing and reviewing applications, while underwriters make the final risk assessments and approval decisions. Both roles require similar credentials and work within the same industry environment, but the underwriter holds greater responsibility and experience.

What are the most commonly searched types of Underwriter jobs in Silver Spring, MD? The most popular types of Underwriter jobs in Silver Spring, MD are:
What are popular job titles related to Assistant Underwriter jobs in Silver Spring, MD? For Assistant Underwriter jobs in Silver Spring, MD, the most frequently searched job titles are:
What job categories do people searching Assistant Underwriter jobs in Silver Spring, MD look for? The top searched job categories for Assistant Underwriter jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Assistant Underwriter jobs? Cities near Silver Spring, MD with the most Assistant Underwriter job openings:
Assistant Underwriter jobs near you
Infographic showing various Assistant Underwriter job openings in Silver Spring, MD as of August 2026, with employment types broken down into 1% As Needed, 73% Full Time, 22% Part Time, 1% Temporary, and 3% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $48,922 per year, or $23.5 per hour.

FHA MAP Underwriter

Zentech Consulting

Silver Spring, MD • On-site

Full-time

Re-posted 24 days ago

Job description

Company Description
Our client, one of the top affordable housing lenders and investors nationwide, has a unique opportunity for a FHA MAP Underwriter with a strong focus on affordable transactions and 3-5 years' experience to join their growing FHA platform.
Job Description
The MAP Underwriter will be primarily responsible for underwriting and submitting assigned financing applications to the Department of Housing and Urban Development (HUD) in accordance with its MAP Guide, related HUD guidelines, Bank procedures and regulatory guidelines. They will also be responsible for assisting with the preliminary screening of new deals coming into the bank.
Qualifications
Deal Structuring: The Underwriter should understand the use of FHA with LIHTC equity, tax-exempt bond financing, and subordinate financing.
Economic Feasibility Analysis: This includes all components of net operating income (NOI), proposed cost estimates and anticipated lease-up, as applicable. Candidate should have a working knowledge of affordable housing programs including LIHTC, HOME, RAD, HAP contracts and vouchers, ability to research and understand other federal and state programs and apply appropriately to FHA MAP lending guidelines. In addition, the underwriter should be able to understand and apply guidelines related to tax abatement programs and ground leases typical in the affordable housing arena.
Appraisal Analysis and Review: The Underwriter will participate in the process of selecting and working with approved third-party appraisers. They will be responsible for review of the appraisal and related forms and for working with the appraiser to develop an accurate final appraisal.
PCNA/AEC Review/Environmental: The Underwriter will participate in the selection process and work with the third-party toward a final product that meets all HUD guidelines and accurately reflects the transaction.
Mortgage Credit Analysis: Utilizing HUD application documents and other Bank information, Underwriter must be able to analyze credit documentation, including REO schedules, to determine ownership structure and Active Principals, credit worthiness as well as capacity issues and other risks/mitigates to HUD and BANA. The Underwriter should understand the analysis required of LIHTC investors in affordable transactions as well as how to analyze non-profit financial statements and review non-profits.
Underwriter's Narrative, Site Visit, Concept Meeting and HUD Forms: Underwriter is responsible, in conjunction with other team members, for completing the Underwriter's Narrative and required HUD forms pursuant to HUD guidelines. Underwriter is also responsible for conducting the site inspection and if applicable, preparing a concept meeting package and attending concept meeting with Borrower.
Primary contact for HUD on a transaction basis: The Underwriter will serve as the primary HUD contact maintaining a positive relationship throughout.
Facilitate Closing, as needed: Work closely with third-party closer/servicer, attorneys and HUD to facilitate closing.
Travel required for site inspections, conferences, and meetings (20%)
EDUCATION/ EXPERIENCE
MAP Certified (LEAN not required)
3 -5 years of FHA lending experience or equivalent including affordable housing lending
B.S./Master's degree in Accounting, Finance, Economics, Real Estate or other related field
Additional Information
All your information will be kept confidential according to EEO guidelines.
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About ZenTech Consulting

Sourced by ZipRecruiter

Working with ZenTech Consulting offers potential applicants a unique experience versus a traditional job search. Choosing to begin your job search with ZenTech gives you immediate access to positions at leading companies that partner with us. The opportunity to work with a professional recruiter to identify your strengths, skills and how to apply your prior work experience are some of the immediate benefits to working with us. In addition, your recruiter will share important details about a position and provide interview tips so that you can effectively demonstrate your skills and expertise to hiring managers. By working with ZenTech Consulting, you can also build your network of connections and increase the number and variety of jobs you qualify for. Our service is completely free and you receive the added benefit of working with a recruiter that specializes in your industry. Our recruiters will identify available positions that fit your skills, personality and career goals as well as guide you through the hiring process.

Industry

Recruiting and staffing services

Company size

11 - 50 Employees

Headquarters location

Tampa, FL, US

Year founded

2011

Social media

Facebook

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